Overview

• Worldpanel reports Lidl sales up 10.7% in the three months to 11 August, lifting its share to 8.3%, just 0.1 percentage points behind Morrisons at 8.4% after its 0.9% rise.
• Tesco grew sales 7.4% to a 28.4% share, while Sainsbury’s rose 5.2% to 15%.
• Asda’s sales fell 2.6% as Aldi reached a 10.8% share, increasing pressure on Britain’s third-largest grocer.
• Grocery price inflation eased to 5.0% in August from 5.2% in July, with Worldpanel noting shoppers are changing habits to manage budgets.
• Consumers cut back on casual dining visits and selectively traded up to branded and premium own-label items, while Morrisons’ turnaround remains constrained by debt from its 2021 private-equity takeover.